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Section 228: Investigation of company’s affairs

Insolvency Act · PART III: WINDING UP AND ALTERNATIVES

consolidated text (as at 2017, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.

228. Investigation of company’s affairs As soon as practicable after the administration of a company begins, the administrator shall— (a) investigate the company’s business, property, affairs and financial circumstances; and (b) form an opinion about whether it would be in the creditor’s interest for— (i) the company to execute a deed of company arrangement; (ii) the administration to end; or (iii) a liquidator to be appointed.

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